Lagos generates N20 billion in land administration
The performance, which surpassed the total revenue of N11.4 billion recorded in the previous year, came from transaction on the sales of land for industrial development in the state.
Federal workers, NMRC in N13 billion mortgage refinancing deal
Towards providing adequate funding at low interest rate for the delivery of affordable housing to public servants, the Federal Government has entered...
Mortgage banks propose one-year job insurance scheme
Fresh efforts are underway to seek pragmatic and contemporary solutions to the challenges in the mortgage sub-sector, following plans by the operators to extend loss of job insurance scheme, which will cover mortgage default up to a year.
How budget delay hinders housing delivery, by stakeholders
The country has between 17million and 18 million housing deficit and will need one million houses yearly to fill the gap. The delay is resulting in the loss of billions of naira in investments as there is no template for planning.
NMRC, Kaduna in landmark deal on Millennium City project
The agreement was executed at Government House by the Kaduna State through the Deputy Governor, Bala Bantex, an architect, with the expressed mandate of the Executive Governor of the State, Mallam Nasir El-Rufai..
Imo NHF contributors to get allocation in new scheme
The FMBN financed 100 housing units under the Ministerial Pilot Housing Scheme at Naze, Owerri North Local Council to the tune of N592.3 million and approved NHF’s loans of N5 million, for prospective subscribers.
Operatives launch robust mortgage market system
The web-based platform promoted by Nigeria Mortgage Refinance Company Plc (NMRC), known as Mortgage Market System (MMS) is expected to enhance the efficiency of processes and costs in the entire Nigerian housing finance ecosystem.
AFDB injects $28.2m into Shelter Afrique
This capital injection follows from the $8.2 million equity investment by AfDB and the commitment made by the bank at the recently concluded extraordinary general meeting held in Nairobi last month.